Answer:
Regressive, proportional, progressive
Explanation:
There are three main tax categories: regressive, proportional, and progressive.
Regressive Tax
Regressive taxes are type f tax accessed as a percentage of the value of an asset purchased or possessed. Under this system, low-income earners tend to pay a higher amount compared to high income earners because it has no correlation with what the taxpayer earns or their income level.
Proportional Tax
In a proportional tax system, everyone irrespective of their income pay the same rate. This tax system affects everyone equally.
Progressive Tax
A progressive tax has it name implies is progressive in nature.The tax rate increases as the income level of the tax payer increases. Therefore high-income earning individuals pay more than low-income earning individuals
